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Package Deal For Louisiana Insurance Adjuster Exam Questions and Answers 2024 Top Rated
Package Deal For Louisiana Insurance Adjuster Exam Questions and Answers 2024 Top Rated
[Show more]Package Deal For Louisiana Insurance Adjuster Exam Questions and Answers 2024 Top Rated
[Show more]Lender Interest Provisions - Protects lender interest by allowing the lender certain rights in the policy. 
 
Coinsurance Penalty - A property insurance provision that penalizes the insured's loss recovery if the limit of insurance purchased by the insured is not equal to or greater than a specifie...
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Add to cartLender Interest Provisions - Protects lender interest by allowing the lender certain rights in the policy. 
 
Coinsurance Penalty - A property insurance provision that penalizes the insured's loss recovery if the limit of insurance purchased by the insured is not equal to or greater than a specifie...
The one who receives the authority to act on behalf of someone else? - Agent 
 
what does a sale's agent receive authority for? - to sell 
 
An insurance agent receives authority to what? - Settle claims brought against the insurer 
 
How do agents receive their authority? - written contract 
 
Wha...
Preview 2 out of 15 pages
Add to cartThe one who receives the authority to act on behalf of someone else? - Agent 
 
what does a sale's agent receive authority for? - to sell 
 
An insurance agent receives authority to what? - Settle claims brought against the insurer 
 
How do agents receive their authority? - written contract 
 
Wha...
Resident License - Before issuing a claims adjuster license to an applicant under this section the commissioner of insurance must find that the applicant is eligiable 
 
-designate LA as his or her home state or is a non-resident eligible for a license resident 
-Has not committed any act that is g...
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Add to cartResident License - Before issuing a claims adjuster license to an applicant under this section the commissioner of insurance must find that the applicant is eligiable 
 
-designate LA as his or her home state or is a non-resident eligible for a license resident 
-Has not committed any act that is g...
A single Declarations page common to all coverages 
A single conditions section common to all coverages - A commercial package policy always includes 
 
Send the insured a reservation of rights letter - If the insured fails to report claim in a timely fashion, the adjuster will immediately ___ 
 
$1...
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Add to cartA single Declarations page common to all coverages 
A single conditions section common to all coverages - A commercial package policy always includes 
 
Send the insured a reservation of rights letter - If the insured fails to report claim in a timely fashion, the adjuster will immediately ___ 
 
$1...
Insurable Interest - ______in the property and would suffer a financial loss if the property were damaged by an insured peril, their family members (names need not be listed in the policy), and others such as a lien holder, for example, the bank that holds the mortgage on a house. 
 
Cause of Loss F...
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Add to cartInsurable Interest - ______in the property and would suffer a financial loss if the property were damaged by an insured peril, their family members (names need not be listed in the policy), and others such as a lien holder, for example, the bank that holds the mortgage on a house. 
 
Cause of Loss F...
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